Gulf, Sudanese banks to resume dealings—official
Gulf banks are set to resume dealings with their Sudanese counterparts following efforts from Gulf finance ministers, But the…
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Arab Banking Corp. names group chief financial officer
Arab Banking Corporation has announced the appointment of a new group chief financial officer. Brendon Hopkins will join ABC…
Private banks pile in as Investcorp appeals on Swiss debut
Bahrain-based alternative asset manager Investcorp made its Swiss franc debut on Thursday afternoon, increasing the size of a five year…
Strong Tadawul performance boosting business confidence
Saudi Arabia continues to be a high growth market in the GCC and real estate, construction and manufacturing sectors are…
Hedge fund flows help Asiya assets to $1bn
Asiya Investments, a Hong Kong-based fund manager with roots in the Middle East, has doubled its assets since the start…
UAE banks look to technology for payment upgrades
UAE banks, under pressure from retail client competition and the growth in digital currency alternatives such as Bitcoin, are moving…
Libya's sovereign wealth fund to invest in bourse, set up budget reserve fund
The Libyan Investment Authority (LIA), the oil producer's sovereign wealth fund, plans to invest billions of dollars in the local…
Taiwan bank eyes Aabar's RHB stake?
News reports that Taiwanese financial group Mega Financial Holding Co Ltd is in talks to buy into RHB Bank Bhd…
Analyst: Emaar, DIB, Waha, expected to be upgraded by MSCI
Stock market blue chips such as Emaar, Dubai Islamic Bank, Waha Capital, Aldar Properties, and Dana Gas are expected to…
Qatar to set up deposit insurance, including Islamic scheme
Qatar regulators will establish a deposit insurance framework that will include a sharia-compliant scheme, one of several reforms aimed at…
EFG Hermes Reports Strong Recovery inInvestment Bank Operations
EFG Hermes*, the leading investment bank in the Arab world, reported today a nearly three-fold year-on-year rise in Group Net…
Award for Standard Chartered
Standard Chartered Bank Bahrain has been named winner of Best Credit Card Product in the Middle East for 2014 at…